Hi everyone, I am curious if there are any industrial real estate operators on here. 

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

If you are going to pay for mentorship, find an experienced operator in your market or better yet, offer to invest in the experienced operators projects and get an inside look at their process and systems.

Hey Dan, renting to a sober living operator can be a great idea.

Highly suggest some YT videos for training / help on the platform.

I only operate 1 house I bought this year, but I'm eager to stand out in the competition.

I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

Hi Eric,Great question—estimating operating expenses can definitely be tricky, especially for items like maintenance, CapEx, and make-ready costs that vary widely between properties.

This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.  

As a sole operator, you have all the policies and procedures in your head and can apply them to many properties without referring to a binder.